Blockchain for charities: an introduction to crypto-philanthropy
Charitable organizations often enco
🔸 Charitable organizations often encounter barriers to success due to a lack of transparency, accountability issues, and limits to the ways they can accept donations.
🔸Crypto-philanthropy (or the use of blockchain technology to facilitate charitable contributions) offers an alternative solution, with decentralized and direct transactions that may help these organizations receive donations and raise funds more efficiently.
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Vitalik Buterin( Ethereum founder )has recently revisited a long standing research topic within the crypto industry: the potential impact of future quantum computing on today’s blockchain cryptography.
His comments highlight that both Ethereum and Bitcoin rely on cryptographic standards that could, in theory, need upgrades if large scale quantum computers become practical. This is not framed as an immediate threat, but as a long term security consideration already being studied by core researchers and academic teams. Major networks have previously discussed mitigation paths such as cryptographic upgrades and key rotation mechanisms, which would require careful coordination and broad consensus. Similar work is taking place across traditional finance and government systems as post quantum standards are developed.
At present, no quantum system exists that can break live blockchain security. The issue remains one of preparation, not urgency, with any future transition expected to be gradual and heavily tested.
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